Have you increased the price of your services and products this year?

We are still in the first month of the new year, do you plan on increasing the price of your products and services or have you already done it? Over here a lot of businesses have added to their price due to the current increase of dollars over our local currency. Due to this the cost of production has gone up abit. I am also thinking of making an increase but still observing,

in my case, I have not increased the price of my milk tea business. We have uniform pricing here and whoever violates the pricing will be sanctioned. There is a law that prohibits violation of SRP or suggested retail price.

No, I have not increased price of my products and services, and I have no intention to increase price. I will consider increasing price only when I am selling in volume and there is a huge demand.